Hire a New Team Member to Help wSifu

1. General Discussion
#1

wSifu has been an amazing treasury manager whose decision to hold majority stablecoins has created a decent price floor for wMEMO that can be supported by buybacks.

He has also been a trooper in answering questions daily on discord, taking verbal abuse in the discord, and reacting to volatile markets.

The feedback I hear in the discord that I think is legitimate is that we need the treasury to be able to react quickly to prevent flash crashes and liquidation cascades, and we need better communication.

I propose that wSifu hires someone to support the treasury function in the following ways:

  1. Be a backup on treasury protection when wSifu is asleep
  2. Answering questions in Discord
  3. Creating periodic newsletters of treasury moves and performance
  4. Help formulate our long-term treasury strategy, manage risk, and assess investment opportunities
  5. Negotiate deals with other protocols on behalf of Wonderland

Wonderland is a big project. The team should staff up accordingly.

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Wonderland to hire a dedicated Comms manager to assist Sifu + team
#2

+1 I totally agree with this. wSifu and Daniele are overwhelmed with 59358325 things happening at the same time.

#3

Fully supporting this idea!

#4

I support the idea to hire an assistant for sifu. Except for point 1. There should be no access in any form to the treasury for the assistant. I think the Team is probably already hiring people.

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#5

Thanks for the feedback. I’m happy to revise this. I was assuming though that there would still be multi sig requirements. I wonder how customizable those can be (eg certain types of transactions maybe shouldn’t require multi-sig eg if they are happening on sushiswap and are less than $x).

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#6

Fully agreee. I second the motion to introduce more communication to the proyect
.

#7

Completely agree. Sifu could have saved himself from getting liquidated had he done this sooner.

#8

I agree and I’ve offered to volunteer. Maybe a discord channel within the Wonderland server where people can offer their services to support wSifu and the Wonderland team?

#9

I agree with the majority of this but I DO NOT believe in assistant should have any access to treasury funds at all. none. but I do believe he needs help with discord fielding questions and such and id be nice to get some weekly newsletters to keep us all up to date.

#10

this aged well. So much for our sifu… shady type of guy

#11

I forgot I wrote this proposal. How embarrassing now.

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